Total Value Locked$11.72m
TVL by Chain
Cardano$11.72m
Key Metrics
Fees 30d$178,694
Fees 30d by chain
Cardano$178,694
Fees 7d$43,894
Cardano$43,894
Fees 24h$16,078
Cardano$16,078
Cumulative Fees$2.2m
Cardano$2.2m
Revenue 30d$62,973
Revenue 30d by chain
Cardano$62,973
Revenue 7d$14,547
Cardano$14,547
Revenue 24h$5,164
Cardano$5,164
Cumulative Revenue$727,027
Cardano$727,027
Holders Revenue 30d$31,322
Holders Revenue 30d by chain
Cardano$31,322
Holders Revenue 7d$8,158
Cardano$8,158
Holders Revenue 24h$3,191
Cardano$3,191
Cumulative Holders Revenue$429,668
Cardano$429,668
DEX Volume 30d$20.78m
DEX Volume 30d by chain
Cardano$20.78m
DEX Volume 7d$7.77m
Cardano$7.77m
DEX Volume 24h$2.33m
Cardano$2.33m
Cumulative DEX Volume$4.604b
Cardano$4.604b
Staked$69,519
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All fees paid by users: AMM trading fee + batcher execution fee.View code on GitHubRevenue: Protocol-captured revenue: fee_sharing (to MIN stakers) + batcher fee (to treasury).View code on GitHubHolders Revenue: Fee-sharing portion of the AMM trading fee distributed to MIN stakers.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked45
Average Supply APY20.51%
Largest Pools by TVL
ADA-NIGHTCardano$1.44m
ADA-MINCardano$962,084
ADA-USDMCardano$664,377
ADA-SNEKCardano$623,522
ADA-USDACardano$611,256
Competitors
Minswap DEX history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Mar 1, 2022 to Nov 15, 2026.
All-time high TVL: $211.53m on Mar 28, 2022. All-time low TVL: $9.72m on Mar 1, 2022.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $16.31m |
| Oct 18, 2026 | $15.96m |
| Oct 19, 2026 | $15.82m |
| Oct 20, 2026 | $15.63m |
| Oct 21, 2026 | $16.04m |
| Oct 22, 2026 | $15.94m |
| Oct 23, 2026 | $15.01m |
| Oct 24, 2026 | $14.92m |
| Oct 25, 2026 | $14.81m |
| Oct 26, 2026 | $14.59m |
| Oct 27, 2026 | $14.65m |
| Oct 28, 2026 | $14.68m |
| Oct 29, 2026 | $14.47m |
| Oct 30, 2026 | $13.68m |
| Oct 31, 2026 | $13.97m |
| Nov 1, 2026 | $13.81m |
| Nov 2, 2026 | $13.61m |
| Nov 3, 2026 | $13.3m |
| Nov 4, 2026 | $13.36m |
| Nov 5, 2026 | $13.95m |
| Nov 6, 2026 | $13.07m |
| Nov 7, 2026 | $13.13m |
| Nov 8, 2026 | $12.76m |
| Nov 9, 2026 | $12.45m |
| Nov 10, 2026 | $12.55m |
| Nov 11, 2026 | $12.45m |
| Nov 12, 2026 | $12.77m |
| Nov 13, 2026 | $12.47m |
| Nov 14, 2026 | $12.52m |
| Nov 15, 2026 | $11.43m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $98.92m |
| Jan 31, 2025 | $103.43m |
| Feb 28, 2025 | $66.93m |
| Mar 31, 2025 | $77.36m |
| Apr 30, 2025 | $93.79m |
| May 31, 2025 | $79.93m |
| Jun 30, 2025 | $68.7m |
| Jul 31, 2025 | $89.92m |
| Aug 31, 2025 | $90.21m |
| Sep 20, 2025 | $53.41m |
| Oct 31, 2025 | $63.95m |
| Nov 30, 2025 | $50.83m |
| Dec 31, 2025 | $47.95m |
| Jan 31, 2026 | $38.21m |
| Feb 28, 2026 | $37.16m |
| Mar 31, 2026 | $35.06m |
| Apr 30, 2026 | $31.45m |
| May 31, 2026 | $30.56m |
| Jun 30, 2026 | $21.41m |
| Jul 31, 2026 | $12.34m |
| Aug 31, 2026 | $13.73m |
| Sep 30, 2026 | $16.84m |
| Oct 31, 2026 | $13.97m |
| Nov 15, 2026 (latest) | $11.43m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $22.48m |
| Dec 31, 2023 | $89.94m |
| Dec 31, 2024 | $98.92m |
| Dec 31, 2025 | $47.95m |
Fees, revenue and holders revenue by UTC calendar month, Jan 2026 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2026 | $306,745 | $95,030 | $65,409 |
| Feb 2026 | $199,928 | $65,087 | $41,800 |
| Mar 2026 | $217,735 | $71,771 | $38,975 |
| Apr 2026 | $168,402 | $56,188 | $29,730 |
| May 2026 | $180,839 | $60,239 | $31,841 |
| Jun 2026 | $307,457 | $95,782 | $62,581 |
| Jul 2026 | $243,166 | $77,550 | $51,374 |
| Aug 2026 | $103,120 | $38,050 | $19,639 |
| Sep 2026 | $155,002 | $55,832 | $29,880 |
| Oct 2026 | $235,679 | $83,404 | $43,057 |
| Nov 2026 (to date) | $100,260 | $33,258 | $18,573 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/minswap-dex
Frequently asked questions
What is Minswap DEX's TVL?
As of Nov 15, 2026, Minswap DEX has $11.72m in total value locked. TVL has decreased 29.2% over the past 30 days.
What chains does Minswap DEX operate on?
Minswap DEX operates on Cardano. Cardano holds the largest share at 100%.
How much has Minswap DEX generated in fees and revenue?
Over the past 30 days, Minswap DEX generated $178,694 in fees. Of that, $62,973 was protocol revenue. Based on the trailing year, the annualized rate is $2.53m in fees and $834,481 in revenue.
How does Minswap DEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Minswap DEX ranks #66 by TVL. The category holds $10.995b across 1,941 protocols, and Minswap DEX accounts for 0.1% of that total. Similar protocols include Dano Finance, SundaeSwap V4, SundaeSwap V3, Splash Protocol, WingRiders, VyFinance Dex, CSWAP DEX, SundaeSwap V2, MuesliSwap, and Astarter AMM.
How much trading volume does Minswap DEX process?
Minswap DEX processed $20.78m in DEX volume over the past 30 days.